Growth is eminent in the Philippines, and the news came from the United States-Philippines Society (USPS). As the USPS stated, there are growth areas found in the archipelago wherein Filipino and American companies can explore — and this can further help in strengthening the economic ties of the two countries. Along with this, USPS co-chairs Manuel Pangilinan and John Negroponte said during a press conference that they are pushing Filipino and American companies to take a look and consider partnering with other companies within the telecommunication construction, energy, agriculture, and airplane parts industry.
Pangilinan, who owns the largest Telco Company PLDT, said that companies can also adopt what he did for his company — by interacting with US Telco companies; hence exposing PLDT to the latest technologies available. Regarding on the US company’s side, these companies can also have a share of pie. They participate in the “Build, Build, Build” program of the Duterte Administration, the current administration in the Philippines. The “Build, Build, Build” program is the modernization of the infrastructure in the Philippines, which is being described by the DOF Undersecretary Grace Karen Singson as a way keeping with the government’s goal to sustain rapid growth.
As for Pangilinan, he thinks “we need to promote better visibility of those US companies here in respect of the Build Build Build Program of the President.”
In addition, USPS cited the business process outsourcing (BPO) industry as a sector that helps in maintaining the relationship between The Philippines and the United States. However, the Philippines still needs to improve on different aspects to go up the value chain through offering high-technology services and specialized knowledge in line with artificial intelligence and data analytics, which are always in trend nowadays. And a lot of businesses are starting to adapt to these new technologies, especially outsourcing companies, and Ezy Outsourcing Hub has cost-effective outsourcing solutions integrated with technology in order to maximize manpower and helping the business grow. To know more, call 02-6571872 / +61 419 200 663 or email contact@ezyoutsourcinghub.com.
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